Hello Everyone,
I don’t know if it’s only me, or rest of you feel the same way during this pandemic. Seems like government’s main concerns are related to tenants and businesses that have employees, whereas; landlord...
Hi I purchased a triplex in a decent area with inherited tenants. I closed a few days ago and I went to the property to hand out a welcome packet. This included a welcome letter stating all the normal stuff, I infor...
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Hello All
It has been awhile since I have last posted. I have been taking my real estate classes and slated to take the state exam in January. The driver for me taking the courses is to educate myself about the busi...
Hello BP.I have recently began my journey into buying my first property. I have my financing in order and now it is time to start running numbers and making offers. I've heard people say that you shouldn't get emoti...
How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...
Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...
Economic Update
(Monday, February 15, 2021)
I was never a big believer in “Herd Immunity” until now. The term “herd immunity” represents a hypothetical threshold of our population that needs immunity to the coron...
Hi all, I rented my house to a couple last week, since they moved in they keep texting on any issue they see and request and immediate fix. I went there many times during the week and addressed all issues including ca...
I know that the vast majority of landlords and property managers will have a simple answer to that question: DON'T.However, I'm interested in building my MF rental investing and property management business in New Yor...